Naira Weakens Against Dollar, Pound; Gains on Euro
On October 13, 2026, the naira depreciated further against the US dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), closing at N1,332.97/$1, a decline of 88 kobo or 0.07% from N1,332.09/$1 in the previous session. The naira also weakened against the British pound, falling by N3.43 to close at N1,766.06/£1, down from N1,762.63/£1.
Conversely, the naira appreciated against the euro, moving to N1,489.15/€1 from N1,490.79/€1 in the preceding session. Additionally, at the foreign exchange counter, the naira weakened by N1 against the dollar, closing at N1,339/$1 compared to N1,338/$1 previously.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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